NYSE
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Class action lawsuit against Genco to launch in New York
London: New York-based law firm Levi & Korsinsky intends to bring a class action lawsuit in the New York Supreme Court…
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Europe
Navios fixes a VLCC and two MR2 tankers
London: Navios Maritime Acquisition Corp has fixed a VLCC to Shell and two MR2 product tankers on one-year timecharters. The…
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Dry Cargo
Diana Shipping timecharter extension shows improvement in panamax market
London: Glencore Grain (Rotterdam) has extended its contract on its fifth Diana Shipping panamax bulk carrier in the space of…
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Dry Cargo
Genco confirms merger with Baltic Trading to create dry bulk giant
London: Genco Shipping & Trading has signed a definitive merger agreement to take over its subsidiary Baltic Trading, which will…
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Finance and Insurance
GasLog plans new public offering
London: GasLog is planning a new public offering in which it will sell its Series A cumulative redeemable perpetual preference…
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Europe
Nordic American Offshore extends credit facility
London: NYSE-listed Nordic American Offshore (NAO) has extended its credit facility with DNB Bank and Skandinaviska Enskilda Banken. The financing has been…
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Americas
Robert Perri leaves Paragon and Box Ships management teams
London: Robert Perri has left his position as CFO on the management teams of Paragon Shipping and Box Ships. Michael…
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Americas
Investment fund scoops up more of Scorpio Bulkers
Monaco: Investment manager Wellington Management has raised its share in New York-listed Scorpio Bulkers by almost 3.45m shares, a US…
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